24.11.2011 - The PNG sovereign wealth fund will be managed locally with its investments done overseas.
The PNG Sovereign Wealth Fund will be managed locally with its investments done overseas. This was discussed during the first PNG Sovereign Wealth Fund (PNG SWF) regional forum held in Kokopo this week with participants representing different organisations and stakeholders within the NGI region and government departments sharing their views on how the fund would help in the economic growth of the country. Former Prime Minister and Kokopo MP Sir Rabbie Namaliu officially opened the one day forum and thanked the participants for attending such an important consultation meeting which was set to be hosted throughout the other regions of the country...............................................Full Article: Source
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